Grain Terminal News

The end of a contract between a Bunge agent and a state-run port company in southern Brazil could make room for rivals interested in the public grains terminal, documents and court filings showed.The contract between Bunge port agent Litoral and the Sao Francisco do Sul port authority ended on April 11 and does not foresee an extension.Bunge declined to comment. Litoral did not reply to a request for comment.The port authority did not answer questions about whether it is preparing…

Cargill said on Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports.Most international grain traders have stopped new investment in Russia since last year following Moscow's invasion of Ukraine but continued exporting Russian wheat."As grain export-related challenges continue to mount, Cargill will stop elevating Russian grain for export in July 2023 after the completion of the 2022-2023 season…

Russia has proposed that a U.N.-backed initiative that has enabled grains to be exported from Ukraine's Black Sea ports should be renewed for just 60 days.The deal to free up grain exports from Ukraine's southern Black Sea ports, which expires later this month, has previously been renewed for 120 days and there are concerns a shorter extension could cause logistical issues.Reached in July last year, it created a protected sea transit corridor and was designed to alleviate global food shortages by allowing exports to resume from three ports in Ukraine…

The Ukrainian port of Odesa was not operating on Sunday after the latest Russian attack on the region's energy system, Agriculture Minister Mykola Solsky said, but added that grains traders were not expected to suspend exports.Two other ports - Chornomorsk and Pivdennyi - authorized to export grains from Ukraine under a deal between Russia and Ukraine were partially operating, he said."Chornomorsk port is now operating at about 80% of capacity," Solsky told Reuters in a phone…

A deal to free-up vital grain exports from Ukraine expires on Nov. 19, and intense negotiations over the next few days will determine whether it is extended and possibly even expanded to help ease concerns about global food security.The agreement, reached in July, created a protected sea transit corridor and was designed to alleviate global food shortages by allowing exports to resume from three ports in Ukraine, a major producer of grains and oil seeds.Here are some of the issues:WHAT HAS BEEN EXPORTED?The pact created a safe shipping channel for exports from three ports in Ukraine.So far…

The main access road to Brazil's Paranagua port, the country's second busiest for grain exports, remained blocked by political protesters on Tuesday, according to a statement from the port authority, hobbling shipping from one of the world's top food producers. Blockades in the area were first reported Monday afternoon after similar demonstrations erupted throughout the country as supporters of outgoing Brazilian President Jair Bolsonaro protested against his narrow election loss to leftist Luiz Inacio Lula da Silva.

Britain is set to receive a rare shipment of liquefied natural gas (LNG) from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.European nations are seeking to diversify energy supplies following Russia's invasion of Ukraine and a sharp drop in Russian gas flows to the continent.LNG tanker Attalos, with a capacity of 174,000 cubic meters, is set to arrive at Britain's Isle of Grain terminal on Aug. 22, according to data and analytics firm Kpler."The (LNG tanker) Patris was the original vessel that loaded at the North West Shelf liquefaction plant in Australia. It did a ship-to-ship transfer with the Attalos in Malaysian waters…

Late last month, a Russian-flagged cargo ship carrying corn pulled into the Turkish port of Izmir on the Aegean Sea. The SV Nikolay had loaded the grain at Port Kavkaz, in Russia, six days earlier on June 18, according to documentation provided by an employee of the Russian company that owns the ship.A Reuters analysis of satellite imagery, ship-tracking data and open-source photos and videos yields a different port of origin for the SV Nikolay. On June 18, Reuters’ analysis of a satellite image indicates…

Australia's Macquarie group is investing in Brazilian ports by taking a stake in port operator CLI and funding a deal to buy sugar and grain terminals in Latin America's largest port, Santos, for $260 million, the companies said on Friday.Railway operator Rumo said in a securities filing late it has sold 80% of its subsidiary EPSA, which manages terminals 16 and 19 in Santos, to CLI for 1.4 billion reais ($260 million). Rumo will remain a minority shareholder.CLI, formally Corredor Logistica e Infraestrutura, belonged to the Brazilian private equity fund IG4.

Pressed into emergency service by the blockade of Ukraine's seaports by Russian invaders, neighboring Romania is racing against time to move Ukrainian grain to global markets before the next harvest triggers bottlenecks.Ukraine, the world's fourth largest grain exporter, has been forced by Russia's invasion to re-route shipments by train via its western border into neighboring Poland, Slovakia and Romania or on barges through its small Danube river ports.But Ukraine needs to move…

A cargo carrying over 71,000 tonnes of Ukrainian corn finished loading in the Romanian Black Sea port of Constanta on Thursday, the first since Russia invaded Ukraine on Feb. 24, the manager of port operator Comvex said.With Ukraine's sea ports blocked since the war started more than two months ago, the world's fourth-largest grain exporter has been forced to send shipments by train via its western border or through its small Danube river ports into Romania."This is the first panamax vessel with Ukrainian corn to leave the port," Comvex President Viorel Panait told Reuters.The ship taking the cargo is the Unity N, according to a Reuters witness."Supporting Ukrainian grain exports means preventing a colossal wave of global hunger triggered by the blocking of Ukrainian ports…

U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha Grain Terminal (TGPM), located in the northern Brazilian city of Barcarena, as it shipped 84,802 tonnes in a single vessel.It also represented the largest volume ever shipped on a grain vessel from ports located in the Amazon Basin, the company told Reuters."This showed us that we have one more option to move soybeans through the TGPM, using our own vessel...

German shipowner Oldendorff Carriers announced a trial voyage using biofuel for the CBH Group, the largest agricultural cooperative in Western Australia, is being performed on the Edwine Oldendorff from Australia to Vietnam. The vessel loaded 30,000 tonnes of sustainably certified malting barley from the Albany Grain Terminal in Western Australia for discharge in Vietnam using biofuel, supplied by BP. The vessel was bunkered with an advanced biofuel blend, which is expected to result in 15% emissions avoided compared to conventional fossil fuels…

Brazil's port regulator targeted the local unit of global grains merchant Bunge and two port agents in an investigation announced on Tuesday, threatening the trader's dominant position at a key export hub in the south of the country.The probe, ordered by port regulator Antaq via regulatory decision in the official government gazette, centers on alleged irregularities in a contract to move grain cargos at public terminals in the port of São Francisco do Sul.A regional branch of Antaq in Santa Catarina state will conduct the probe…

U.S. grain exports slumped to their lowest level in years last week as shippers struggled to restart loading operations along the Louisiana Gulf Coast after Hurricane Ida flooded and damaged grain terminals and knocked out power across the region, preliminary data showed on Monday.Weekly U.S. Department of Agriculture (USDA) grain inspections data, an early indicator of shipments abroad, showed the volume of corn weighed and certified for export last week was the lowest in 8-1/2 years as no grain was inspected along the Louisiana Gulf Coast, the busiest outlet for U.S.

Hurricane Ida damaged a Louisiana grain export elevator owned by global grain trader Cargill Inc and disrupted export operations at the busiest bulk grain export facilities in the United States on Monday.Cargill said its Reserve, Louisiana, terminal, one of two the company operates along the Mississippi River near the Gulf of Mexico, "sustained significant damage" from the storm, which roared ashore as a powerful Category 4 hurricane.Rival crop traders Bunge Ltd and Archer-Daniels…

A newly built grain export terminal has opened for business at the Port of Vancouver on Canada’s West Coast, Canadian grain company G3 announced.G3 Terminal Vancouver is a a British Columbia limited partnership between G3 Global Holdings (a limited partnership between Bunge Canada and SALIC Canada Ltd) and Western Stevedoring Company Ltd.Construction on the facility began in March, 2017 at the site in North Vancouver and is now substantially complete as planned. The facility has…

Top Chinese grain trader COFCO is in talks about buying a shareholding in a grain export terminal in the Russian port of Novorossiysk as part of its expansion in Europe, sources said on Friday.COFCO is understood to be in talks about buying a shareholding of about 25% in the KSK deep water grain terminal in Novorossiysk, three sources said.Talks are being held with the terminal owner, Russian company Deloports Ltd. Deloports declined comment.The COFCO group in China was unavailable for immediate comment.

For Indiana’s state-established, but autonomous Ports of Indiana, 2018 was a record setting year, both for system-wide numbers and among the three individual Ports. These consist of Burns Harbor, on Lake Erie; Jeffersonville, on the Ohio, across from Louisville, KY; and Mount Vernon, also on the Ohio River, about 140 miles downriver from Jeffersonville.Not only were actual numbers robust, but Port officials reported “unprecedented tonnage increases” within the three-port system.

Russia's second-biggest bank VTB is buying one of the biggest grain terminals at the Black Sea port of Novorossiisk, in a surprise move that gives the state lender more control over the country's main deep-sea grain export hub.VTB, which already owns a stake in another grain terminal at the port, said on Thursday that it was buying 100 percent of Novorossiysk Grain Terminal from Novorossiysk Commercial Sea Port (NSCP).Its deal to buy the terminal from NSCP, which is controlled…

The liquefied natural gas tanker Al Bahiya arrived at Britain's Isle of Grain terminal on Sunday, having previously partially discharged its cargo at the Dragon terminal in Wales, Reuters shipping data showed.The 201,000 cubic meter capacity vessel loaded in Qatar.(Reporting by Sabina Zawadzki; Editing by Mark Potter)

China's Dalian Port (PDA) Company  announced that its subsidiary Dalian Container Terminal Company inked deals to acquire the total assets, liabilities, interests, and businesses of two container terminal subsidiaries, Dalian Port Container Terminal (DPCT) and Dalian International Container Terminal (DICT). "Dalian Port Container entered into the Equity Transfer Agreement with the Vendor, pursuant to which the Vendor conditionally agreed to sell, and Dalian Port Container conditionally agreed to purchase the Sale Shares, representing 20% of the total equity interest in the Target Company, at a consideration of US$18,000,000 in cash," said a statement. Prior to the Acquisition, Dalian Port Container and the Vendor were both shareholders of the Target Company.

Brazil's Itaqui port, the country's closest deepwater gateway to the Panama Canal, has projected a rise in 2017 shipping volumes thanks to a record grain harvest and development of a new northern farming frontier. Most of Itaqui's export cargo arrives by train instead of roads. It is the deepest public port in Brazil, and its travel time to Europe and North America is seven days shorter than from rivals in the South. Itaqui can handle minerals, grains, fertilizers, fuel and woodpulp consignments. Until recently, it was strategic to oil company Petroleo Brasileiro, which accessed its deepwater berth to import fuel in large vessels. With a change in Petrobras' strategy causing its fuel transshipment activity to fall to almost zero…